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Reddit IPO could usher in the next big meme stock, users speculate

When deciding whether or not to buy into Reddit’s IPO, users aren’t just weighing returns. They’re thinking about meme potential.

So, as a longtime moderator of subreddits like r/economics, he was part of a select group of power users who were granted first dibs to buy stock in Reddit as the company prepares to go public. It’s not normal for social media companies to give users the same privilege as institutional investors, but Reddit has set aside shares in its IPO to sell to 75,000 devoted community members. Tahajian only joined Reddit last month, but now, she scrolls the platform nightly to catch up on reality TV gossip – and once she’s up to date on “Love is Blind” cast drama, she peruses personal finance subreddits.

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